Timah forecasts improved results but cancels Myanmar investment
In an interview with Bloomberg on 18 December PT Timah President Director Sukrisno forecast a 15% increase in net income next year, based on higher sales and a recovery in tin prices. It also expects to benefit from reduced dividend payments to the Indonesian...
Sommeliers love tin wine capsules
Some of the world's finest Master Sommeliers and top wine educators from the San Francisco Bay Area met in Napa recently to discuss wines dressed in pure tin capsules. Comments made by this key group of industry influencers were captured on film, with highlights...
Indonesian exports slump to new low
On Thursday Indonesia's trade ministry announced a preliminary November tin export figure of only 465 tonnes, based on pre-shipment checks made by surveyor companies. In messages to news agencies it also made a downward revision of the previous month's total from...
More stockpile purchases by South Korea
South Korea's Public Procurement Service bought 300 tonnes of refined tin for January delivery at its latest tender which closed on 5 December. The purchases of MSC tin were made from LG International at premiums of $425/t for 100 tonnes of 99.9% metal and $375/t for...
Alphamin reports planned share offering
TSXV listed Alphamin Resources Corp. has announced plans for a non-brokered private placement to raise C$15 million. Insiders at Alphamin are expected to subscribe to C$12.25 million of the placement, the proceeds from which will provide working capital and funding...
Tinka finds tin at Ayawilca
Tinka Resources Limited (TXSV:TK) has intersected high grade tin at its 100% owned Ayawilca project in central Peru, including 2.0m at 4.8% Sn. The Ayawilca project is primarily focused on zinc sulphide mineralisation, beneath which the discovery of high grade tin was...
Indonesian producers cool on Governor’s call for sales halt
A call by Bangka Belitung province Governor Rustam Effendi for Indonesian producers to halt shipments in order to support tin prices has not received much support, according to Bloomberg. The governor told reporters today that officials planned to meet producing...
ICDX previews new trading initiatives
The Indonesia Commodity and Derivatives Exchange (ICDX) put forward several new initiatives to boost participation by international tin buyers at the ITRI China Annual Tin Reception in Sanya. Chief Product and Services Officer Stella Lukman invited feedback on a...
Kasbah doubles Western Zone resource estimate
ASX-listed Kasbah Resources Limited has increased the JORC compliant, Indicated Mineral Resource for the Western Zone (WZ) target at its Achmmach Tin Project to 340kt@ 1.25% Sn, equivalent to 4.2kt of contained tin. The significant update represents a 53.8% increase...